According to the public record, 20, Billy Mill Avenue, North Shields is a early-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Billy Mill Avenue, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
20, Billy Mill Avenue, North Shields has 41 entries in the Land Registry database, most recently in May 2006 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 20 Billy Mill Avenue North Shields as £88,072 and the rental value as £702 per month giving an expected gross yield of 9.6%.
Over the last 12 months the sale value of 20 Billy Mill Avenue North Shields has increased by £1,707 (1.9%) and its rental value has increased by £58 per month (8.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 20, Billy Mill Avenue, North Shields is in very good condition we estimate a sale value of £92,476 and rental value of £737 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,907 and a rental value of £653 per month.
If you were able to purchase this property for the estimated value of £88,072, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £433 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 20, Billy Mill Avenue, North Shields was last sold on 17 May 2006 for £77,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Billy Mill Avenue, North Shields within a radius of 450 metres over the last 2 years.
The most recent example is 15, Billy Mill Avenue, North Shields, NE29 0QY, a Leasehold flat which sold for £61,000 in Sep 2016.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Billy Mill Avenue, North Shields, NE29 has a total of 64 addresses. According to our analysis of all the public data, 20, Billy Mill Avenue, North Shields is the 64th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in NE29.
20, Billy Mill Avenue, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 20, Billy Mill Avenue, North Shields is Northumberland Park (Tyne & Wear) station which is 4.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 20, Billy Mill Avenue, North Shields, 70.1% of property is privately owned outright and 18.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 20, Billy Mill Avenue, North Shields, 8.5% of residents are recorded as possessing school level qualifications and 21.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 20, Billy Mill Avenue, North Shields, the average age was 45.2 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 20, Billy Mill Avenue, North Shields, 1.3% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 20, Billy Mill Avenue, North Shields, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.